Scaling a stealth account to 1 million per year

[HelloEveryone]

Is it possible to scale to a million per year on a stealth account? I am a bit confused to why everyone is suggesting under 200 orders / 20k per year. I understand that more verification may be needed from PayPal but we can just provide those.. no? If you have all the tools mentioned in the Stealth Book, wouldn't it just be like any other account.. as long as all the rules are followed?

[LSD]

Originally Posted by HelloEveryone

Is it possible to scale to a million per year on a stealth account? I am a bit confused to why everyone is suggesting under 200 orders / 20k per year. I understand that more verification may be needed from PayPal but we can just provide those.. no? If you have all the tools mentioned in the Stealth Book, wouldn't it just be like any other account.. as long as all the rules are followed?

Because after a certain amount of sales/$$$, you'll be asked to provide identity docs for taxing. And bam...
But if you keep it low, it can last years...just not million$ every year.

[HelloEveryone]

Originally Posted by LSD

Because after a certain amount of sales/$$$, you'll be asked to provide identity docs for taxing. And bam...
But if you keep it low, it can last years...just not million$ every year.

taxing docs such as business license, EIN number, address? If we create a new LLC, we can just provide those right? And if they ask for DL or utility bill, we can just be "creative"?

[WB1976]

It would be so amazing to be able to do that.

[HelloEveryone]

Originally Posted by WB1976

It would be so amazing to be able to do that.

Would you say that it is not possible?

[BigCJ]

its possible.

[phaz0rz]

On USA eBay it's relatively easy to gross $1mil per year on a stealth account that's been upgraded to a business account with an EIN. I used to post screenshots proving it.

OP, the people that are telling you to stay under 200/$20,000 are evading their taxes. As long as you don't plan on dodging your taxes, and you take the time to age your eBay/PP accounts properly, $1mil a year is easily doable.

I assumed this was an Amazon thread at first since everyone seems to think those numbers are only possible on Amazon. eBay still has the traffic for you to hit $1mil/yr though.

[phaz0rz]

Originally Posted by The Demon

If people's solution is "just get 10-20-30 stores if you want 1 mill a year", then it's time you find a better option. That's just a bandaid waiting to be ripped off.

I don't really see how. Redundancy/multiple accounts is a good thing no matter how you look at it.

Best way to scale stealth is to grow your account until it's grossing about $1mil per year, then start growing your 2nd account to do the same, then repeat until you're selling all you can handle.

[HelloEveryone]

Originally Posted by phaz0rz

On USA eBay it's relatively easy to gross $1mil per year on a stealth account that's been upgraded to a business account with an EIN. I used to post screenshots proving it.

OP, the people that are telling you to stay under 200/$20,000 are evading their taxes. As long as you don't plan on dodging your taxes, and you take the time to age your eBay/PP accounts properly, $1mil a year is easily doable.

I assumed this was an Amazon thread at first since everyone seems to think those numbers are only possible on Amazon. eBay still has the traffic for you to hit $1mil/yr though.

That was my exact though process. If everything is done legally and we are giving PayPal everything they want and need, then I don't quite understand opening dozens of accounts. If something bad does happen whether it is a suspension or PayPal holding money, the same can happen to any account stealth or not. That is, as long as we are following everything in the Stealth Book

[phaz0rz]

Originally Posted by HelloEveryone

That was my exact though process. If everything is done legally and we are giving PayPal everything they want and need, then I don't quite understand opening dozens of accounts. If something bad does happen whether it is a suspension or PayPal holding money, the same can happen to any account stealth or not. That is, as long as we are following everything in the Stealth Book

Exactly. Only a small percentage of the active posters here use business accounts and push them to the limits. Most of the people here seem to be selling software keys or e-books from outside of USA on USA accounts. I think that's why your question seemed so foreign to some posters.

Once your PP is a business account it is it's own legal entity, so once you're a verified business account the hard part is over.

[HelloEveryone]

Originally Posted by phaz0rz

Exactly. Only a small percentage of the active posters here use business accounts and push them to the limits. Most of the people here seem to be selling software keys or e-books from outside of USA on USA accounts. I think that's why your question seemed so foreign to some posters.

Once your PP is a business account it is it's own legal entity, so once you're a verified business account the hard part is over.

I see. Thanks, that makes a lot of sense.

[WB1976]

Originally Posted by HelloEveryone

Would you say that it is not possible?

I am not sure, since I can only speak from my own experince. But it would be one amazing thing. On another note to that, nothing is ever impossible. But I think it would take a long time to do so, if we are speaking about stealth.

[WB1976]

I only have stores on eBay and PayPal business accounts, they like it better that way, and one can do promotions. And I do not sell virtual goods, I sell real products and only high end, due to the Danish postal service which is high, so I would never make a penny with items that goes for under $50. I have sold authentic products at $100 with amazing feedback scores. Just as long as you do the right thing, and do not sell ⊗⊗⊗⊗ or be misleading in any way. It is a learning process, and it is very important to do your research on each product, so you don’t wholesale ⊗⊗⊗⊗ items. I find this to be the most challenging thing, but it is very possible to make amazing money via eBay.

[Emporium]

My biggest account will probably do $300k this year. It is EIN verified so I don't see any issues arising, there is no reason.